Triad Investment Management reduced its stake in shares of Roper Technologies, Inc. (NASDAQ:ROP – Free Report) by 10.4% during the second quarter, Holdings Channel.com reports. The firm owned 12,358 shares of the industrial products company’s stock after selling 1,428 shares during the period. Roper Technologies accounts for about 4.7% of Triad Investment Management’s portfolio, making the stock its 8th biggest position. Triad Investment Management’s holdings in Roper Technologies were worth $4,182,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Wealth Management Group LLC increased its stake in Roper Technologies by 195.8% during the 1st quarter. Private Wealth Management Group LLC now owns 71 shares of the industrial products company’s stock valued at $25,000 after buying an additional 47 shares during the period. Triumph Capital Management acquired a new stake in shares of Roper Technologies in the 3rd quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Roper Technologies in the second quarter valued at approximately $27,000. Tucker Asset Management LLC acquired a new position in shares of Roper Technologies during the fourth quarter valued at approximately $33,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Roper Technologies during the first quarter valued at approximately $36,000. Institutional investors own 93.31% of the company’s stock.
Insider Transactions at Roper Technologies
In related news, Director Richard Wallman sold 6,434 shares of Roper Technologies stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $361.00, for a total value of $2,322,674.00. Following the transaction, the director owned 7,423 shares of the company’s stock, valued at approximately $2,679,703. This trade represents a 46.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John Stipancich sold 2,000 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total value of $758,100.00. Following the sale, the executive vice president owned 35,634 shares in the company, valued at approximately $13,507,067.70. The trade was a 5.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.80% of the company’s stock.
Roper Technologies Trading Down 1.3%
Roper Technologies (NASDAQ:ROP – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The company had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.Roper Technologies’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $4.87 EPS. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. On average, research analysts predict that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.
Roper Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a $0.91 dividend. The ex-dividend date is Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Roper Technologies’s dividend payout ratio (DPR) is 15.08%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on ROP shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $417.00 target price on shares of Roper Technologies in a research report on Tuesday, August 18th. Piper Sandler dropped their price objective on Roper Technologies from $540.00 to $526.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Argus upgraded Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Thursday, August 6th. Zacks Research cut Roper Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Mizuho set a $355.00 target price on Roper Technologies in a report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $466.94.
Get Our Latest Stock Analysis on Roper Technologies
Roper Technologies Company Profile
Roper Technologies, Inc (NASDAQ:ROP) is a diversified technology company that develops and operates specialized businesses serving niche markets. Its portfolio primarily consists of software and technology-enabled businesses that provide products and services to commercial, government, healthcare, education, and other professional customers.
The company’s activities include vertical-market software, network and data-management software, and technology-enabled products. Its software businesses support functions such as healthcare operations, education administration, construction and engineering, legal and professional services, and enterprise workflow management.
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